Foreclosure Law Lawyers In Edmonton Kentucky

Edmonton is a city in and the county seat of Metcalfe County, Kentucky, United States. The area was first surveyed by Revolutionary War veteran and Virginian Edmund P. Rogers in 1800. The city was established by the Kentucky legislature as a trading post in 1836 and was named the county seat in 1860. The post office first opened on February 18, 1830 and was named, though incorrectly spelled, for Edmund Rogers. The population was 1,586 at the 2000 census. The rock band Black Stone Cherry and the country music band Kentucky Headhunters are Edmonton natives. Edmonton is part of the Glasgow Micropolitan Statistical Area.

What is foreclosure law?

Foreclosure is the cutting off or termination of a right to property to compel payment of a mortgage or other debt secured by a lien. As to real property, like a house or land, foreclosure is started because of non-payment of the debt and leads to the selling of the property to which the mortgage or lien is attached in order to satisfy that debt. Lawyers who assist with foreclosure issues help struggling homeowners consider their options -- both foreclosure and foreclosure alternatives -- and determine the best course of action. Foreclosure alternatives may include loan modification, short sale, forbearance, reinstatement, and repayment plans.